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EX.IO Group and Oria Partner to Explore Emerging-Market Consumer Finance.

EX.IO Group and real-world asset investment platform Oria have formed a strategic partnership to explore consumer-finance opportunities in emerging markets, with a focus on tokenizing credit assets and developing regulated…

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Afreximbank, DBSA Establish $20 Million Facility for Southern African Projects.

African Export-Import Bank and the Development Bank of Southern Africa have established a joint facility that could provide up to $20 million to prepare infrastructure and industrial projects in South…

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Global Business and Political Leaders Are Heading to New York for Unstoppable Africa 2026.

More than 2,000 African and global business leaders and heads of state are expected in New York on Sept. 20-21 for Unstoppable Africa 2026, the flagship event of the Global…

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Bank Of Baroda Kenya Denies Closure Reports, Says Operations Continue.

Bank of Baroda (Kenya) Limited said it continues to operate normally in Kenya, rejecting reports that it was closing its operations and advising customers to rely on official communications for…

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Kenya Power Revenue Rises to Ksh238.2 Billion in FY2026.

Kenya Power and Lighting Company Plc reported revenue of KSh238.24 billion for the year ended June 30, 2026, up from KSh219.29 billion a year earlier, while profit after tax rose…

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NCBA Launches End-To-End Motor Insurance on LOOP App.

NCBA Group has introduced an end-to-end private motor insurance service on its LOOP app, allowing customers to compare quotes, complete underwriting, buy cover, renew policies and access documents on one…

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Rwanda Regulator Moves to Open Access to Dangote Refinery IPO For Local Investors.

Rwanda’s capital markets regulator said it is working with stakeholders to help Rwandan investors take part in the initial public offering of Nigeria’s Dangote Petroleum Refinery, as demand for Africa’s…

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EBRD, Co-Operative Bank of Kenya Sign $50 Million Swap Tied to New KESONIA Rate.

The European Bank for Reconstruction and Development (EBRD) has signed a $50 million (€43.1 million) cross-currency swap agreement with the Co-operative Bank of Kenya, the first such deal to use…

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Kenyan Avocado Exporter Karakuta Fresh Produce Plans to list on the Nairobi Securities Exchange.

Karakuta Fresh Produce Ltd, a Kenyan exporter of avocados and fresh organic herbs, said on Thursday it intends to list on the Nairobi Securities Exchange (NSE) by introduction, subject to…

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Kenya Court Nullifies $1.6 Billion Vodacom Purchase of Safaricom Stake.

Kenya’s High Court has declared void the government’s sale of a 15% stake in Safaricom PLC to Vodacom Group, ruling the transaction unconstitutional and ordering the shares returned to the…

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